The global temperature transmitter market is expected to reach USD 3.58
Billion by 2022, at a CAGR of 4.19% during the forecast period. The
global humidity transmitter market is expected to reach USD 1.36 Billion
by 2022, at a CAGR of 1.84% between 2016 and 2022. The growing
automation across all process industries to optimize the resources and
improve the cost, safety, and security is driving the growth of the
temperature transmitter market.

The power industry is expected to grow at the highest rate in the global
temperature transmitter market during the forecast period, followed by
the chemical, water & wastewater, and pharmaceutical industries. The
growing electrification, access to electricity, and energy intensity are
driving the demand for electricity, in turn leading to new installations
and capacity expansion of the existing power plants.

This would lead to greater demand for temperature transmitters in the
near future. The HVAC & building automation industry is expected to grow
at the highest rate in the global humidity transmitter market during the
forecast period. Heating, ventilation, and air-conditioning (HVAC) is
commonly utilized in residential and commercial applications to maintain
an ambient atmosphere. Humidity measurement and control plays an
important role in HVAC applications.

Asia-Pacific is expected to grow at the highest rate in the temperature
transmitter market between 2016 and 2022, owing to the demand from
energy capacity expansion, new project commissioning, and demand for
industrial automation to increase productivity while keeping the cost
optimum. The growing demand for HVAC systems in residential and
commercial projects in Asia-Pacific is expected to drive the market
growth for humidity transmitters.